PRECAUTIONS TAKEN BY E-BUSINESSES AND OTHER COMPANIES TO AVOID IDENTITY THEFT

While not all identity theft crimes can be prevented, much harm can be avoided if users and companies holding private data take appropriate steps to avoid it. Small companies, financial institutions, and even sophisticated e-businesses must take preventive measures to assure protection of private and confidential information or they may be liable under United States (“U.S.’) data protection and privacy laws. This article provides answers to the following questions, which precautions should e-Businesses take to protect customers’ data and avoid cyber fraud? And Which precautions should service institutions take to avoid violation of data protection laws?

The following questions have been addressed in this article:

Which precautions should e-Businesses take to protect customer’s data and avoid cyber fraud?
Which precautions should service institutions take regarding data protection?

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